Washington, D.C. – Alaskan Congressman Don Young today supported the passage of H. Con. Res. 27, a Balanced Budget for a Stronger America, which takes a number of balanced steps to eliminate wasteful spending, reform entitlements, cut the size of government, strengthen national security, and balance the nation’s budget over ten years. The bill, which sets budget levels for Fiscal Years 2017 to 2025, passed the House today by a vote of 228 to 199.
“For years, our nation’s fiscal and economic policies have moved us further away from the path to prosperity and closer to financial ruin,” said Congressman Young. “With a sprawling national debt, a growing federal government and endless government waste, Congress must make the difficult but necessary choices to get this country back track and restore fiscal sanity. Alaskans and Americans should understand that there’s no perfect solution to our fiscal woes, but we must strive for a better, more balanced form of government. Today’s budget represents a unified first step in the House and Senate to provide countless small businesses and American families the relief they deserve, while reining in Washington, D.C.’s unsustainable spending.”
Congressman Young Discussing House Passage of the FY16 Budget Resolution (click here to watch).
Budget Highlights and Key Facts:
Balances the Budget
- Balances the budget in less than 10 years without raising taxes
- Cuts $5.5 trillion in spending
- Calls for a fairer, simpler tax code to promote job creation and a healthy economy
- Places the country on a path to paying off the debt by growing the economy and making government more efficient, effective and accountable
- Calls on Congress to pass a balanced budget amendment to the Constitution
Repeals Obamacare
- Repeals Obamacare – including its taxes, regulations and mandates
- Promotes freedom of choice, affordability, and patient-centered health care solutions
Ensures a Strong National Defense
- Provides for a strong national defense through robust funding of troop training, equipment and compensation
- Boosts defense spending above the president’s levels while putting in place a plan to responsibly address the current spending caps and the threat of sequester
Secures Our Future
- Strengthens Medicare by making structural improvements to save the program
- Eliminates the “double dipping” of Disability Insurance and Unemployment Insurance
- Prevents the president’s plan to raid the regular Social Security Trust Fund
Restores Federalism
- Rejects the notion that Washington knows best and devolves power back to the states
- Promotes innovation and flexibility for Medicaid, nutrition assistance, education and other programs
Cuts Waste, Corporate Welfare and Improves Accountability
- Cuts waste, eliminates redundancies and ends the practice of Washington picking winners and losers in our economy
- Calls for reforms to the regulatory system to improve transparency, efficiency, effectiveness and accountability
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